The price of Jeffs Brands Ltd (NASDAQ:JFBR) shares last traded on Wall Street rose 27.31% to $0.34.
JFBR stock price is now 37.78% away from the 50-day moving average and -51.16% away from the 200-day moving average. The market capitalization of the company currently stands at $3.17M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
In other news, Conroy Jeffrey J., 10% Owner bought 1,281,265 shares of the company’s stock on Sep 24 ’24. The stock was bought for $492,006 at an average price of $0.38. Upon completion of the transaction, the 10% Owner now directly owns 3,713,265 shares in the company, valued at $1.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 23 ’24, 10% Owner Conroy Jeffrey J. bought 1,101,890 shares of the business’s stock. A total of $398,884 was incurred on buying the stock at an average price of $0.36. This leaves the insider owning 2,432,000 shares of the company worth $0.83 million. A total of 27.19% of the company’s stock is owned by insiders.
During the past 12 months, Jeffs Brands Ltd has had a low of $0.17 and a high of $5.29. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 4.38, and a quick ratio of 2.02. The fifty day moving average price for JFBR is $0.2504 and a two-hundred day moving average price translates $0.706325 for the stock.
The latest earnings results from Jeffs Brands Ltd (NASDAQ: JFBR) was released for 2024-06-30. The net profit margin was -53.87% and return on equity was -71.94% for JFBR.